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Active
$1,200,000
/mo Edit
Farm:  Other
108.42 acres
Faribault schools
MLS# 6527421
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    Property Description

    A great property with a mixture of tillable acreage, hunting, and buildable with a very high 84 CPI rating, Currently leased for 51 acres at $300 per acre annually. Hunting set up with food plots installed, access from Fairbanks Ave. Property has been surveyed, and a certificate of survey is available. 4 potential building sites available, contact Rice County to verify. Possible contract for deed financing available.

    Listing

    Contingency: None
    City: Faribault
    County: Rice
    State: MN
    Property Style: Other
    Zip Code: 55021

    Exterior

    Road Responsibility: Public Maintained Road
    Road Frontage: County Road

    Lot & Land

    Acres: 108.42
    Geolocation: 44.302475, -93.387903
    Inclusions: Survey, Survey Stakes
    Lot Dimensions: Irregular
    Restrictions: None
    Zoning: Agriculture

    Farm

    Farm Type: Crop
    Tillable Acres: 51
    Topography: Rolling

    Schools

    School District: 656
    District Phone: 507-333-6016

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,408
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,408
    Association Fee Required: No
    Association Fee: None
    Land Lease Amount: 1275

    Miscellaneous

    Development Status: Raw Land
    Improvements: None
    Available Utilities:
    • Electricity Available
    • None Connected

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    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Weichert, REALTORS- Heartland.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.